Plasma Mainnet Scheduled to Launch on September 25, 2025

🗞 Catch up on the news over the last 24 hours! 🇺🇸 #ETF FLOWS: Around $429.9M worth of $BTC and $127.5M worth of $ETH were bought on Sept. 30. 🔥 Aptos partners with Trump family's WLFI to integrate USD1 stablecoin. 🇺🇸 The SEC is exploring a plan to allow blockchain-based versions of stocks to trade on #crypto exchanges, The Information reports. 🚨 Over $3.9B worth of tokens to be unlocked in October, led by $ASTER ($503.58M), $SUI ($180.4M), and $XPL($90.06M) per CryptoRank. 🔥 Stripe's Bridge introduces Open Issuance, a #platform allowing businesses to launch and manage their own stablecoins. 🚨 US ADP jobs fell 32K in September, missing expectations of +50K and down from +54K prior. 🇦🇪 Abu Dhabi banned #crypto mining on farmland, imposing Dh100,000 fines and cutting services to violators. 🔥 SAYLOR said New Treasury and IRS rules mean Strategy won’t be taxed on unrealized Bitcoin gains under the CAMT. 🔥 The #crypto market has added $160 billion in market cap. 🚨 Elon Musk has become the first person in history worth $500 billion, putting him halfway to trillionaire status. 🔥 $SUI Group launches the first $SUI native stablecoins, suiUSDe and USDi, in partnership with Ethena and Sui Foundation. 🚨 #Avalanche Treasury Co. announces a $675M business combination with Mountain Lake Acquisition Corp, aiming to accumulate over $1B of $AVAX in its treasury

#XPL CONFUSING HOLDERS

What happened last night on the crypto market? • Bitcoin has reached 119,000 dollars and surpassed Amazon's stock to become the 7th most capitalized asset in the world. • Ether (ETH) reached 4,400 dollars • Avalanche Treasury Co. merges with Mountain Lake Acquisition Corp in a 675 million dollar deal, targeting over 1 billion dollars in AVAX cash. • Tether plans to launch its stablecoin USAT on Rumble to capture the American market. • The Sui group launches the first native stablecoins of $SUI, suiUSDe and USDi, in collaboration with Ethena and the Sui Foundation. • Vlad Tenev (Robinhood) claims that tokenization will "swallow the entire financial system" • Zach Witkoff (WLFI) plans to tokenize the Trump real estate portfolio, including the Trump Tower in Dubai. • The Plasma team denies having sold XPL tokens or collaborated with Wintermute. Furthermore, only 3 out of 50 members have worked at Blast.

#XPL

Traders have switched from memecoins to altcoins Investors are losing interest in memecoins, as evidenced by the GMCI index. Traders have become less interested in tokens like Fartcoin, BONK, and WIF. There is currently a surge of interest in "useful" altcoins like ASTER and XPL, rather than in speculative assets.